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Budget Ordinance, Fisca 'ear 2003-04 <br />County ofLee, North Carolina C D;( L P.uE <br />Tune 23, 2003 <br />Page 14 <br />(G) Liability, health, disability, casualt}1, property or other insurance or <br />retention and faithful performance bonds (other than for the Sheriff and Register of <br />Deeds). <br />SECTION 41. There is hereby levied a tax at the rate of TFIREE AND SEVEN <br />TENTHS (3.7) cents per one hunched dollars (SI00) valuation of property listed for taxes <br />as of January I, 2003, located within the Carolina Trace Fire District for the raising of <br />revenue for said district. <br />This rate is based on an estimated total valuation of 5249,852,929 for purposes of <br />taxation and an estimated collection rate of 9S%. <br />SECTION 42. There is hereby levied a tax at the rate of SEVEN AND NO <br />TENTHS (7.0) cents per one hundred dollars (S 100) valuation of property listed for taxes <br />as of January I, 2003, located within the Nortlrview Fire District for the raising of <br />revenue for said district. <br />This rate is based on an estimated total valuation of 5426,403,910 for purposes of <br />taxation and an estimated collection rate of 98%. <br />SECTION 43. There is hereby levied a tax at the rate of SIX AND EIGHT <br />TENTHS (6,S) cents per one hunched dollars (S 100) valuation of property listed for taxes <br />as of.lanuary 1, 2003, located within the Cape Fear Fire District for the raising of revenue <br />for said district. <br />This rate is based on an estimated total valuation of 5206,543,537 for purposes of <br />taxation and an estimated collection rate of 93%. <br />SECTION 44. There is hereby levied a tax at the rate of EIGHT AND FOUR <br />TENTHS (8.4) cents per one hundred dollars (S 100) valuation of property listed for taxes <br />as of January 1, 2003, located within the Northwest Pocket Fire District for the raising of <br />revenue for said district. <br />This rate is based on an estimated total valuation ofSI 17,333,721 for purposes of <br />taxation and an estimated collection rate of 93%. <br />